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Liberalisation and R&D in network industries: The case of the electricity industry

机译:网络行业的自由化和研发:电力行业的案例

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Electricity sector liberalisation has coincided with a significant decline in R&D spending. This paper reviews the industrial organisation literature on R&D and innovation to explore the likely causes of the decline in R&D spending in the electricity sector. Meanwhile, R&D productivity and innovative outputs in utilities and equipment suppliers appear to have improved. However, a lasting decline in R&D expenditure can have a negative long-term effect on technological progress and innovation in the sector. We conclude that the decline in R&D could have been predicted from the literature. We also discuss the need to reorient the post-liberalisation technology policy.
机译:电力行业自由化恰逢研发支出大幅下降。本文回顾了有关研发与创新的行业组织文献,以探讨电力行业研发支出下降的可能原因。同时,公用事业和设备供应商的研发生产率和创新产出似乎有所提高。但是,研发支出的持续下降可能对该行业的技术进步和创新产生负面的长期影响。我们得出的结论是,可以从文献中预测R&D的下降。我们还讨论了重新调整后自由化技术政策的必要性。

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